UBS: Wynn Macau (01128) and Galaxy Entertainment (00027) market share in the third quarter exceeded expectations.

UBS research report indicates that WYNN MACAU (01128) saw a month-on-month increase of approximately 200 basis points in casino revenue market share in September, leading to a 150 basis point increase in market share for the third quarter, the largest increase within the quarter. The report also states that SJM HOLDINGS (00880) saw a month-on-month increase of about 50 basis points in September, but overall for the third quarter, there was a 30 basis point decline compared to the previous quarter. Large casino operators seemed to lose market share in September due to seasonal factors, with Sands China (01928) and GALAXY ENT (00027) experiencing decreases of approximately 100 and 150 basis points respectively, although their market share for the third quarter increased by 70 and 40 basis points respectively. MELCO INT'L DEV (00200) and MGM CHINA (02282) saw no change in market share in September, but both experienced declines of 120 and 100 basis points respectively for the third quarter compared to the previous quarter. In comparison to market expectations for the third quarter, Galaxy and Wynn's market share exceeded expectations, while MGM CHINA, Sands China, and SJM HOLDINGS fell below expectations.